Among sectoral indices, the Nifty IT
index ended over 1% higher on Wednesday led by a rise in the shares of TCS and
Infosys
The
markets pared their day's gains to end flat on Wednesday as investors eyed
the outcome of US Federal Reserve's monetory policy meeting scheduled later in
the day.
The S&P BSE Sensex ended at 35,739, up 47 points while the broader Nifty50 index settled at 10,857, up 14 points.
The S&P BSE Sensex ended at 35,739, up 47 points while the broader Nifty50 index settled at 10,857, up 14 points.
Among individual stocks, top software services exporter Tata Consultancy Services (TCS) gained 3% earlier today after the company said that its board will consider a proposal for buyback of equity shares of the company, at its meeting on June 15, 2018. The stock eventually settled 2.43 per cent higher at Rs 1824.20 on the BSE
On the National Stock Exchange (NSE),
the stock hit a high of Rs 1,278.85, up 1.6%, and is slightly away from its
all-time high of Rs 1,279.30 touched on June 3, 2016.
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